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-The Figure Above Shows Sam's Budget Line

Question 393

Multiple Choice

-The figure above shows Sam's budget line. Which of the following would result in Sam's budget line rotating inward and not changing its vertical intercept? A) a decline in his preference for coffee B) a fall in the price of a gallon of gasoline C) a decrease in Sam's income D) an increase in the price of a pound of coffee
-The figure above shows Sam's budget line. Which of the following would result in Sam's budget line rotating inward and not changing its vertical intercept?


A) a decline in his preference for coffee
B) a fall in the price of a gallon of gasoline
C) a decrease in Sam's income
D) an increase in the price of a pound of coffee

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